Blindman,
Bollies are a great tool they by a glance tell where the stock is at eg Overbought oversold going sideways about to go up or down(When Tight)..
I use a rule of thumb and bare in mind I'm a short term trader if a stock is outside of the bollies 3 days in a row sell or buy it go's both ways... in saying that to I only buy uptrending stocks that way it limits my risk to any nasties..
As Tiggles was saying The Trend is your Friend...just remember thats till the bend at the End..and they all have one a change of trend..
Cheers Pete
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